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Vontobel Holding Ltd. Trims Stock Position in H World Group Limited Sponsored ADR (NASDAQ:HTHT)

H World Group logo with Consumer Discretionary background

Vontobel Holding Ltd. decreased its holdings in H World Group Limited Sponsored ADR (NASDAQ:HTHT - Free Report) by 10.9% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 324,114 shares of the company's stock after selling 39,684 shares during the quarter. Vontobel Holding Ltd. owned about 0.10% of H World Group worth $11,995,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Daiwa Securities Group Inc. acquired a new stake in shares of H World Group in the 4th quarter worth $33,000. US Bancorp DE boosted its position in shares of H World Group by 21.2% in the 4th quarter. US Bancorp DE now owns 4,839 shares of the company's stock worth $160,000 after purchasing an additional 845 shares in the last quarter. iA Global Asset Management Inc. acquired a new stake in shares of H World Group in the 4th quarter worth $196,000. Confluence Investment Management LLC acquired a new stake in shares of H World Group in the 1st quarter worth $209,000. Finally, Mariner LLC boosted its position in shares of H World Group by 33.8% in the 4th quarter. Mariner LLC now owns 8,120 shares of the company's stock worth $268,000 after purchasing an additional 2,050 shares in the last quarter. Institutional investors and hedge funds own 46.41% of the company's stock.

Analyst Ratings Changes

A number of analysts have commented on HTHT shares. JPMorgan Chase & Co. lowered their price target on H World Group from $43.00 to $42.00 and set an "overweight" rating for the company in a research report on Wednesday, May 21st. Morgan Stanley reaffirmed an "overweight" rating on shares of H World Group in a research report on Monday, March 31st. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, H World Group presently has an average rating of "Moderate Buy" and an average target price of $40.80.

Read Our Latest Report on H World Group

H World Group Stock Performance

HTHT traded down $0.10 on Friday, reaching $33.22. 1,081,548 shares of the stock were exchanged, compared to its average volume of 2,002,133. The company's 50-day moving average price is $35.18 and its 200 day moving average price is $34.62. H World Group Limited Sponsored ADR has a fifty-two week low of $27.03 and a fifty-two week high of $42.98. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.88 and a quick ratio of 0.88. The firm has a market capitalization of $10.20 billion, a PE ratio of 23.07, a PEG ratio of 1.25 and a beta of 0.46.

About H World Group

(Free Report)

H World Group Limited develops leased and owned, manachised, and franchised hotels in the People's Republic of China. The company operates hotels under its own brands, such as HanTing Hotel, Ni Hao Hotel, Hi Inn, Elan Hotel, Zleep Hotels, Ibis Hotel, JI Hotel, Orange Hotel, Starway Hotel, Ibis Styles Hotel, CitiGO Hotel, Crystal Orange Hotel, IntercityHotel, Manxin Hotel, Mercure Hotel, Madison Hotel, Novotel Hotel, Joya Hotel, Blossom House, Steigenberger Hotels & Resorts, MAXX by Steigenberger, Jaz in the City, Grand Mercure, Steigenberger Icon, and Song Hotels.

Further Reading

Institutional Ownership by Quarter for H World Group (NASDAQ:HTHT)

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